An international exhibition showcasing domestic products opened to mark Industry Week in the country.
Abdul Salam Hanafi, the Deputy PM for Administrative Affairs, emphasized the industrialization of the country at the opening ceremony and assured that the Islamic Emirate is committed to supporting domestic productions.
“The role of industry in the gross national product is significant, and strengthening the industry for job creation in the country is also important,” Abdul Salam Hanafi said.
Nooruddin Azizi, the acting Minister of Industry and Commerce, said that the purpose of this exhibition is to introduce and market domestic products.
Nooruddin Azizi added that in addition to supporting the country's industry, over the past year, more than 2,000 manufacturing companies have been granted distribution licenses or had their licenses renewed.
The acting Minister of Industry and Commerce said, "Day by day, our traders, industrialists, investors, our friends abroad who are afraid of how to bring their capital to Afghanistan, thank God, opportunities are being provided for them to invest in Afghanistan."
Hedayatullah Badri, the acting Head of the Central Bank, also stated during the opening ceremony that more banking facilities have been provided to solve the challenges of businessmen.
“There has been an increase in money withdrawals from banks. Initially, when the change occurred, people were given $200 from their deposits,” Hedayatullah Badri said.
The Ministry of Economy at the exhibition states that stabilizing the Afghan currency, reducing inflation rates, increasing exports, attracting investments, endorsing the budget from domestic revenues, transparently collecting taxes, and supporting the industry are among the most important functions of the Islamic Emirate in the economic sector.
Abdul Latif Nazari, the deputy minister of the Economy, said, “Economic developments have caused our national currency to experience an unprecedented stability and an upward trend against foreign currencies and rates.”
The Chamber of Commerce and Investment said that attention to the industrial sector is impactful on the country's economic growth and that land should also be distributed to factory owners and industrialists.
Mohammad Younus Momand, the First Deputy of the Chamber of Commerce and Investment, said, “Our request is that the minister and deputy pay attention to land distribution for factory owners and investors.”
The international exhibition of domestic products was held in Kabul to celebrate Industry Week, with participants displaying their products in 800 booths. Out of these, 200 booths were dedicated to women, and 15 Iranian companies also participated in the exhibition.